Showing 1 - 10 of 270
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009359868
technically able to assess?) cannot be overcome without extensive regulation, which has the effect of limiting innovation and … competition. (d) The fiscal incentives necessary to stimulate private provision are high, and have welfare costs of their own …
Persistent link: https://www.econbiz.de/10005233830
In Germany, employees are generally obliged to participate in the public health insurance system, where coverage is …
Persistent link: https://www.econbiz.de/10008550515
Many developing countries have recently increased health insurance coverage at a large scale. While it is commonly believed that this has positive effects, to date, it is not well understood through which channels health insurance coverage contributes to the well-being of individuals. More...
Persistent link: https://www.econbiz.de/10010884220
This paper examines the welfare loss of import restrictions on bananas in Australia and whether the import restrictions have turned into a particular form of export promotion. We set up a model in which there is free domestic entry, with banana producers accepting losses in normal years, off-set...
Persistent link: https://www.econbiz.de/10010884135
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality is reduced and the economies are more sustainable. We name this scenario "vibrant." It is contrasted with what would happen if present policies continue within the European...
Persistent link: https://www.econbiz.de/10010884389
Turf wars commonly occur in environments where competition undermines collaboration. We develop a game theoretic model … joint production but introduces competition for the reward. We find that collaboration has a non-monotonic relationship with …
Persistent link: https://www.econbiz.de/10010959610
The provision of non-pecuniary incentives in education is a topic that has received much scholarly attention lately. Our paper contributes to this discussion by investigating the effectiveness of grade incentives in increasing student performance. We perform a direct comparison of the two most...
Persistent link: https://www.econbiz.de/10010959681
This paper analyzes potential gender differences in competitive environments using a sample of over 100,000 professional tennis matches. We focus on two phenomena of the labor and sports economics literature: the hot-hand and clutch-player effects. First, we find strong evidence for the hot-hand...
Persistent link: https://www.econbiz.de/10011214022
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … failure, where competition failure occurs when a subject loses the competition because the opponent holds a higher …
Persistent link: https://www.econbiz.de/10011279246